Tanalys

EUR/JPY Intraday: continuation of the rebound.

Pivot: 139

Our preference: Long positions above 139 with targets @ 140.25 140.8 in extension.

Alternative scenario: Below 139 look for further downside with 138.6 138.1 as targets.

Comment: the RSI broke above a bearish trend line.

Supports and resistances:

141.25

140.8

140.25

139.65 Last

139

138.6

138.1

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